Fulfilment of Regulatory Approvals Condition and Settlement Notification for Voluntary Offer in Adevinta Asa - Seite 2

As further described in section 3.4 (Procedures for accepting the Offer) in the Offer Document, Accepting Shareholders who have opted for one of the Share Alternatives (as defined in the Offer Document), must issue a power of attorney to the Receiving Agent for the execution of the subscription and issuance agreement for the Depository Receipts. The power of attorney (together with an Authority Statement (as defined in the Offer Document), if applicable) must be received by the Receiving Agent on or before to the sixth Business Day (as defined in the Offer Document) prior to the settlement date 29 May 2024, being 16 May 2024. In the event that such power of attorney has not been received by the Receiving Agent within 16 May 2024, the relevant Accepting Shareholder will be deemed to have accepted, and will receive, Cash Consideration for its Shares instead of Depository Receipts. A template of the power of attorney is included in the Offer Document and available at the following webpage: www.abgsc.com.

Upon completion of the Offer, subject to the Closing Conditions, the Offeror intends to proceed with a compulsory acquisition of the remaining shares in Adevinta pursuant to section 4-25 of the Norwegian Public Companies Act and section 6-22 of the Norwegian Securities Trading Act and consequently proceed with steps to delist the Company from the Oslo Stock Exchange. Further announcements will be made if and when appropriate.

For further information, visit: www.abgsc.com

Advisers
ABG Sundal Collier ASA and Goldman Sachs Bank Europe SE, Amsterdam Branch are acting as financial advisers to the Offeror in the process. Freshfields Bruckhaus Deringer LLP, Latham & Watkins LLP and Wikborg Rein Advokatfirma AS are acting as legal advisers to the Offeror in the process. 

Contacts
International media relations

Carl Leijonhufvud, Permira
[e-mail]  
[phone]

James Williams, Permira
[e-mail]
[phone]

Rebecca Flower, Blackstone
[e-mail]  
[phone]

Stephen Lewis, Blackstone
[e-mail] 
[phone]

Norwegian media
Marte Ramuz Eriksen, Zynk
[e-mail]
[phone]

Swedish media
Birgitta Henriksson, Fogel & Partners
[e-mail] 
[phone]

For administrative questions regarding the Offer, please contact your bank or the nominee registered as holder of your shares.